Marxism

Marxism is the political practice and social theory based on the works of Karl Marx, a 19th century German philosopher, economist, journalist, and revolutionary, along with Friedrich Engels. Marx drew on G.W.F. Hegel's philosophy, the political economy of Adam Smith and David Ricardo, and theorists of 19th century French socialism, and was perhaps inspired by the earlier Paris Commune, an organized civil protest in France and brief socialist ruling of Paris, to develop a critique of society which he claimed was both scientific and revolutionary. This critique achieved its most systematic (albeit unfinished) expression in his masterpiece, Capital: A Critique of Political Economy, more commonly known as Das Kapital. Today, outside the officially "communist" nations, membership of Marxist political parties is relatively small, but Marxism continues to enjoy significant intellectual respect in many circles.

Class analysis

Marxists believe that in its pure form capitalist society is divided into two powerful social classes:

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• the working class or proletariat: Marx defined this class as "those individuals who sell their labor and do not own the means of production" whom he believed were responsible for creating the wealth of a society (buildings, bridges and furniture, for example, are physically built by members of this class). Ernest Mandel, in an introduction to Capital, updates this definition to mean people who work for a living (whether "white collar" or "blue collar") and who have no significant savings, where sufficiently large savings are typically invested in the abstract means of production on a shareholder basis.
• the bourgeoisie : those who "own the means of production" and exploit the proletariat. The bourgeoisie may be further subdivided into the very wealthy bourgeoisie and the petty bourgeoisie: those who employ labor, but may also work themselves. These may be small proprietors, land-holding peasants, or trade workers. Marx predicted that the petty bourgeoisie would eventually be destroyed by the constant reinvention of the means of production and the result of this would be the forced movement of the vast majority of the petty bourgeoisie to the proletariat. An example of this would be many small businesses giving way to fewer larger ones, without increasing the number of petty bourgeois bureaucrats required to administer each company.

From a Marxist perspective, the actually-existing basic classes in today's advanced economies are the capitalist class, the new middle classes who engage in both labour and managerial responsibilities, self-employed proprietors, the working class and a lower "lumpenised" stratum.

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At first the bourgeoisie, and now the proletariat, are considered to be the universal class, the section of society best equipped to take human progress forwards a further step.

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Marx developed these ideas to support his advocacy of socialism and communism: "The philosophers have only interpreted the world differently; the point is, to change it." Communism would be a social form wherein this system would have been ended and the working classes would be the sole beneficiary of the "fruits of their labour".

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Some of these ideas were shared by anarchists, though they differed in their beliefs on how to bring about an end to the class society. Socialist thinkers suggested that the working class should take over the existing capitalist state, turning it into a workers revolutionary state, which would put in place the democratic structures necessary, and then "wither away". On the anarchist side people such as Mikhail Bakunin and Peter Kropotkin argued that the state per se was the problem, and that destroying it should be the aim of any revolutionary activity.

Related Topics:
Anarchist - Mikhail Bakunin - Peter Kropotkin

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Many governments, political parties, social movements, and academic theorists have claimed to be founded on Marxist principles. Social democratic movements in 20th century Europe, the Soviet Union and other Eastern bloc countries, Mao and other revolutionaries in agrarian developing countries are particularly important examples. These struggles have added new ideas to Marx and otherwise transmuted Marxism so much that it is difficult to specify its core.

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It is common to speak of Marxian rather than Marxist theory when referring to political study that draws from the work of Marx for the analysis and understanding of existing (usually capitalist) economies, but rejects the more speculative predictions that Marx and many of his followers made about post-capitalist societies.

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